The Relationship between Sino-French Bohai Geology and CNOOC

Joint venture relationship. CNOOC refers to China Offshore Oil Group Co., Ltd., and Sino-French Bohai Geological Service Co., Ltd. is one of the earliest joint ventures established by China Offshore Oil Group. Its headquarters is in Tianjin, China, and it has four branches in Zhanjiang, Shenzhen, Shanghai and Xinjiang, so these two companies are joint ventures.